Notice of Postal Ballot- Newspaper Advertisement
Awaiting price reaction for this filing.
Allied Blenders and Distillers (ABDL) has published a Postal Ballot Notice on May 24, 2025 in Business Standard and Mumbai Lakshadeep, seeking shareholder approval via remote e-voting. Three items are up for vote: appointment of Statutory Auditors for FY 2024-25, appointment of Mr. Shekhar Ramamurthy (DIN: 0030608) as Independent Director effective May 1, 2025, and appointment of Mr. Arun Iyer (DIN: 07130542) as Independent Director effective August 9, 2025. E-voting opens on May 24, 2025 at 9:00 AM and closes on June 22, 2025 at 5:00 PM. Results will be declared on or before June 24, 2025, with Makarand M. Joshi & Co acting as scrutinizer. This is a routine regulatory compliance filing under SEBI LODR Regulations.
This is a procedural filing with no direct impact on stock price. Shareholders should review the resolutions and exercise their voting rights during the e-voting window. The two director appointments will strengthen board independence, while auditor appointment is a routine annual exercise.